
New Hampshire's HB639 would bar state and local restrictions on crypto payments, self-custody, and mining. The bill passed both chambers and awaits the governor's signature.
New Hampshire is one step away from enshrining broad legal protections for crypto payments, self-custody, and home mining. House Bill 639, the “Blockchain Basic Laws,” passed its last legislative hurdle last week and now sits on the governor’s desk.
Representative Keith Ammon (R) sponsored the legislation, which creates a new section of state law – RSA chapter 359-V – explicitly shielding digital asset activity from government interference. The bill does three main things. It prohibits state and local authorities from blocking or restricting crypto payments for legitimate purchases. It declares self-custody legal. And it exempts miners from money-transmitter licensing requirements.
Self-custody means holding your own private keys on a hardware or software wallet, not trusting a third party with custody. The bill says that is protected activity. Miners, whether operating from a home basement or a dedicated facility, do not need to register as money transmitters just for mining.
HB639 also establishes a blockchain dispute docket within the superior court system. Parties that consent can opt into a specialized track for blockchain-related disagreements. The bill defines key terms including digital assets, wallets, nodes, and mining, giving users and operators legal clarity that most states lack.
The bill introduced in January 2025 passed the House by April 2025, underwent Senate amendments, and was enrolled on July 1, 2026. It now awaits gubernatorial action.
Environmental advocacy groups pushed back against the mining provisions. They argued that protecting mining operations from regulatory oversight could carry environmental costs. The debate is not settled – those groups may press the governor to demand amendments.
For blockchain startups, a state that explicitly protects node operation, home mining, crypto payments, and offers a specialized court track is a state worth incorporating in. New Hampshire could attract a disproportionate share of crypto businesses relative to its size, much like Wyoming did after passing its own crypto-friendly laws beginning in 2018.
The money-transmitter exemption for miners removes one of the biggest barriers to entry for small-scale operations in the United States. That could encourage a more distributed mining network within the state, assuming the governor signs.
The bill also includes a ban on special taxes tied specifically to digital asset usage for payments. New Hampshire cannot create a crypto-specific transaction tax.
New Hampshire in 2025 became the first state to permit its treasurer to allocate up to 5% of public funds into prominent digital assets such as Bitcoin. HB639 builds on that trend. The governor’s next move will determine whether the state follows Wyoming’s playbook or stalls the effort.
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